The Future of Music Industry Dynamics

The current music industry landscape is reaching a maturity level where streaming has dominated for over a decade, but there are signs of impending change. Historical patterns show that technological platforms, like MTV and iTunes, have shifted the balance of power, suggesting that a transformation is due. This change presents an opportunity for the industry to regain control over its future, with a focus on entrepreneurial initiatives rather than reliance on major labels. Those who adapt to these shifts will likely emerge as winners, while those who cling to outdated practices may fall behind.